Watch List notes:

Banco Espanol De Puerto Rico, ND (1889) Issue Proof Front & Back Banknote. San Juan, Puerto Rico, ND (1889), 20 Pesos, P-10p, Unlisted Specimen, Series A, S/N 00000, Black on orange and yellow underprint, Paschal lamb on left, dock workers moving crate on top right, back orange-brown with arms in middle, POC's, The face is PMG graded Gem Uncirculated 66 EPQ, the back is Choice Uncirculated 64 NET with notation of discoloration due to the oxidation of the orange color to orange-brown, otherwise an extremely attractive and rare note missing from most advanced collections. ABNC. This is the only graded example by PMG.

Estimate: 2500 - 5000